Question

Enter the following transactions in a double column cash book of Mohan and balance
2017
June 1 Opening balance: Cash in hand 1,900
Cash at bank 4,300
3 Purchased goods for cash 1,200
5 Sold goods for cash 3,000
7 Paid to Sajeev by cheque 2,250
10 Received a cheque from Raju and deposited to bank 3,100
13 Deposited cash into bank 1,500
16 Purchased stationery 150
19 Received commission 350
21 Withdrew cash from bank 750
23 Paid rent by cheque 450
25 Drew cash from bank for domestic use 600
27 Received cash on sales 2,400
28 Withdrew cash for domestic use 300
29 Issued a cheque to Ramesh 1,000
30 Paid into bank 2,000

Answer 1

Answer:

30.6.2017 closing balance cash in hand = 3550

cash at bank = 5550

Explanation:

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